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Culver Company, a manufacturer of audio systems, started its production in October 2022. For the preceding 3 years, Culver had been a retailer of audio

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Culver Company, a manufacturer of audio systems, started its production in October 2022. For the preceding 3 years, Culver had been a retailer of audio systems. After a thorough survey of audio system markets, Culver decided to turn its retail store into an audio equipment factory. Raw material costs for an audio system will total $75 per unit. Workers on the production lines are on average paid $15 per hour. An audio system usually takes 7 hours to complete. In addition, the rent on the equipment used to assemble audio systems amounts to $5,960 per month. Indirect miaterials cost $7 per system. A supervisor was hired to oversee production: her monthly salary is $3,860 Factory janitorial costs are $2,390 monthly. Advertising costs for the audio system will be $9,330 per month. The factory building depreciation expense is $7,080 per year. Property taxes on the factory building will be $8,400 per year. (a) Assuming that Culver manufactures, on average, 1,500 audio systems per month, enter each cost item on your answer sheet: placing the dollar amount per month under the appropriate headings. Total the dollar amounts in each of the columns

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